they won't let us punt. they won't let us kick the can. you just can't keep things as nice the middle of 2013. no, there has got to be a solid deal and that deal must include the reduction of debt at some point in the future. martha: this administration was the first to preside over a downgrade of u.s. debt. we hope this isn't something we're going to get used to and see the same thing come from moody's. but as you point out, stuart, what they're looking for is a serious plan to cut spending. >> yes. martha: that is not something we've heard, the administration would say yes, we have put out there trillions of dollars of spending cuts and they couldn't get them passed. where are we in terms of all that in terms of cuts. >> it can't be a promise of cuts down the road. it has to be a tangible plan. it has to be solid out front statement, we are going to do this, this and this. this really adds to the pressure on these negotiations. we already heard if we go over the cliff we get into recession and 9% unemployment. this from moody's says, get